Annu Projects shares list 27% below IPO price, hit upper circuit

India

What to know

  • The engineering, procurement and construction firm had raised ₹175 crore through an IPO that attracted 2.93 times overall subscription.S1
  • Annu Projects Ltd debuted weakly on the stock market, listing at a 27% discount to its IPO price of Rs 99, opening at Rs 72 on NSE and Rs 75 on BSE.S2
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Annu Projects shares list 27% below IPO price, hit upper circuit

The engineering, procurement and construction firm had raised ₹175 crore through an IPO that attracted 2.93 times overall subscription.

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Annu Projects Shares List 27% Below Issue Price At Rs 72 On NSE

Annu Projects Ltd debuted weakly on the stock market, listing at a 27% discount to its IPO price of Rs 99, opening at Rs 72 on NSE and Rs 75 on BSE.

Annu Projects shares list 27% below IPO price, hit upper circuit

2 outlets 2 reports

What to know

  • The engineering, procurement and construction firm had raised ₹175 crore through an IPO that attracted 2.93 times overall subscription.S1
  • Annu Projects Ltd debuted weakly on the stock market, listing at a 27% discount to its IPO price of Rs 99, opening at Rs 72 on NSE and Rs 75 on BSE.S2
Timeline · newest first

Sources · 2 citations